Tax Administration of Montenegro: Total Tax Debt Reduced by 140 Million EUR

By , 23 Jan 2019, 23:54 PM Business
Tax Administration of Montenegro: Total Tax Debt Reduced by 140 Million EUR Copyrights: S. Matić, Government of Montenegro

Share this:

23 January 2019 - Prime Minister Duško Marković held the regular meeting with the heads of the Tax Administration, Customs Administration and the Administration for Inspection Affairs of Montenegro. The total tax debt was reduced by around 140 million EUR. 

The meeting noted excellent results in the field of economic policy, consolidation of public finances and collection of revenues. Director of the Tax Administration Miomir M. Mugoša highlighted that 117 million EUR more were collected in 2018 than in 2017. Director of the Customs Administration Vladan Joković said that this body collected 80 million EUR more in 2018 than in 2017, while Director of Administration for Inspection Affairs of Montenegro Alija Košuta emphasised that they carried out over 57 thousand inspections last year and issued nearly 15 thousand misdemeanor orders worth 5.1 million EUR. 

PM Marković stressed that in the coming period, there should be a comprehensive and continuous activity of inspections, police, and prosecutors to prevent the grey economy more efficiently. 

Tax2301 2

"Fighting the grey economy is an important support for achieving our basic priority, which is the continuation of dynamic economic growth, development, job creation and an increase in living standards," the Prime Minister said. 

He added that a particular focus would be placed on the areas where the illegal activity is the greatest, such as tourism, construction, and the labour market. 

Activities on combating the grey economy will be supported by legislative interventions as well as by strengthening institutional capacities such as the establishment of the Tax Police in the Tax Administration and the budget inspection within the Ministry of Finance.

The meeting was attended by Deputy Prime Ministers Milutin Simović and Zoran Pažin, Ministers of Finance, Economy and Tourism Darko Radunović, Dragica Sekulić and Pavle Radulović, as well as Director of the Police Directorate Veselin Veljović and High State Prosecutor Miloš Šoškić.

Remax Property of the Week

Property of the week.png

Editorial

Interview of the week

Photo of the Week

Photo galleries and videos